American Standard Brands

American Standard Brands is a North American manufacturer of plumbing fixtures, sold under the American Standard, Crane, Fiat, Sanymetal, and Showerite names, based in Piscataway, New Jersey, United States.

American Standard Brands
Private
IndustryBathroom, Faucets and Chinaware
PredecessorAmerican Standard Companies
Founded2008
HeadquartersPiscataway, New Jersey, U.S.
Key people
Steven P. Delarge, Chief Executive Officer;

Adam Bryson, Chief Financial Officer;

Katty Pien, Chief Marketing Officer;

Bill McLean, Chief Supply Chain Officer;

Bruce Proctor, Chief Legal Officer;
ProductsAcrylic Shower Bases/Tubs/Whirlpools, Acrylux Bathing Fixtures. Americast Tubs, Bath Shower Faucets, Bathroom Faucets, Bidets, Commercial Faucets, Cultured Marble, Furniture & Vanity Tops, Kitchen Faucets, Kitchen Sinks, Shower Valves, Toilet Seats, Toilets, Urinals, Walk-in Bathtubs
ParentLixil Group,Bain Capital
Websitewww.americanstandard-us.com

The company was formed as American Standard Americas from the North American operations of the kitchen and bathroom division of the American Standard Companies during a breakup of the company in 2007. Crane Plumbing and Eljer were merged into the company in 2008 creating the group 'American Standard Brands'.

It is principally owned by the Lixil Group, with Bain Capital Partners holding a minority stake.

In 2015, American Standard was recognized for the top spot for "Brand Familiarity" in Bathroom Accessories category by the Builder Magazine. [1]

History
See also: American Standard Companies
Logo of American Standard, used until 2013 in North America, and until December 31, 2016 in Asia Pacific
Logo of American Standard, used from January 1, 2017 in Asia Pacific

On February 1, 2007, American Standard Companies announced it would break up its three divisions. The plan included the sale of its kitchen and bath division and the spin off of WABCO Holdings, American Standard's vehicle controls division, while retaining the Trane Company.

On October 31, 2007, American Standard Cos. announced it had completed the sale of the kitchen and bath division to Bain Capital Partners, LLC. This included the sale of the American Standard name to Bain while American Standard retained the rights to use the "American Standard" name for HVAC products. American Standard changed its name to Trane on November 28, 2007.[2]

Bain Capital created American Standard Americas from the North American units of the bath and kitchen business units acquired from American Standard Companies.[3] Bain sold a majority stake in American Standard Americas to Sun Capital Partners on November 27, 2007.[4]

In February 2008, American Standard Americas merged with two other plumbing fixture companies, Crane Plumbing and Eljer to create American Standard Brands.[5] The Crane Plumbing unit includes the former Universal-Rundle product line which Crane continues to support with repair parts.[6] Crane also has a Canadian subsidiary Crane Plumbing Corporation.

American Standard Brands donated over 1,500 plumbing fixtures and accessories to SBP towards Hurricane Katrina relief work in 2011.[7]

In June 2013, the Japanese firm Lixil agreed to purchase American Standard Brands from Sun Capital Partners, thus positioning Lixil to benefit from an anticipated recovery in the American housing market.[3] Two months later after its acquisition by Lixil, American Standard Brands unveiled a new logo.

See also

References
  1. "2015 BUILDER BRAND USE STUDY RESULTS". Builder. Retrieved 19 June 2015.
  2. "American Standard Companies Announces Completion of Sale of Bath and Kitchen Business to Bain Capital" (Press release). Piscataway, NJ, USA: American Standard Companies. October 31, 2007. Archived from the original on November 3, 2007. Retrieved June 30, 2013.
  3. Hagerty, James R. (June 29–30). "Toilet Maker Has New Owner". The Wall Street Journal (paper). p. B3. Check date values in: |date= (help)
  4. "Sun Capital Partners to Acquire a Majority Interest in American Standard Americas" (Press release). Boca Raton, Florida, USA: Sun Capital Partners. November 21, 2007. Archived from the original on May 6, 2009.
  5. "American Standard America, Crane Plumbing and Eljer Complete Merger, Creating a Leading North American Bath and Plumbing Company" (Press release). Piscataway, NJ, USA: American Standard. March 6, 2008. Retrieved June 29, 2013.
  6. "Company Information". americanstandard-us.com. American Standard. 2008. Archived from the original on April 20, 2008.
  7. "American Standard To Donate Products To Rebuild New Orleans". Supply House Times. 54 (6): 8. August 2011.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.